The company aims to open 100 centres by 2025
Delhi-based International Fertility Centre (IFC) plans to invest Rs 6 crores as seed capital initially from its internal accruals to expand its business and create a network of around 10 IVF clinics across the country. The company also aims to add a minimum capex of Rs 1.5 crores in each of its 10 centres. There are plans to open 100 centres by 2025.
IFC has its presence across 14 cities and plans to expand in Amritsar, Chandigarh, Indore, Bhopal, Jammu, Jodhpur, Ludhiana, Raipur, Surat, Agra. Besides, the company plans to expand its footprints in Colombo (Sri Lanka), Phnom Pehn (Cambodia), Ethiopia and Uganda.
The firm estimates a set up cost and operational cost of Rs 60 lakhs per centre/year.
EH News Bureau